IT return filed wrongly

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10 Points Posted on 23 December 2020

Hi for AY 20-21 my IT return was wrongly filed u/s 44AD by my CA. Being a technical consultant it should have been u/s 44ADA? What should be the procedure for correcting it? Should it be rectified or a revised return should be submitted?

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On 23 December 2020 at 15:27 Report
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If your Income Tax return for AY 20-21 was incorrectly filed under Section 44AD instead of the appropriate Section 44ADA for technical consultants, you need to file a revised return. The correct procedure involves submitting a revised return under Section 139(5) of the Income Tax Act to rectify the error.

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155 Points Posted on 23 December 2020
Revise it
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On 23 December 2020 at 21:25
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Accountant
4533 Points Posted on 24 December 2020
You need to file a revised return under section 139 (5).
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On 24 December 2020 at 00:47
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Practicing Chartered Accountant
959 Points Posted on 24 December 2020
You can file a revised return.
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On 24 December 2020 at 09:44

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